In 2024, CAR Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
However, CAR Group has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 774a | 409.5a | 185.6a | |
Total Scope 2 | ||||
Market-Based | 4,226.1a | 1,927.2a | 487a | |
Location-Based | N/A | N/A | N/A | |
Total Scope 3 | 15,741.5a | 22,128.9a | 7,016.9a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.0666a | 0.0323a | 0.0143a |
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In 2024, the total operational greenhouse gas (GHG) emissions of CAR Group amounted to 5,000.1 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of CAR Group increased by 113.98%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of CAR Group were 774 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, CAR Group's Scope 1 emissions have increased by 298.35%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), CAR Group's Scope 1 emissions increased by 89.01%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, CAR Group reported Scope 2 greenhouse gas (GHG) emissions of 4,226.1 tCO₂e using the market-based method.a
Since 2021, CAR Group's Scope 2 greenhouse gas (GHG) emissions (Market-Based) have increased by 579.11%, reflecting a rising long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), CAR Group's Scope 2 emissions (Market-Based) rose by 119.29% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2024, CAR Group reported its Scope 2 emissions using the market-based method.a
In 2024, CAR Group reported 15,741.5 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of CAR Group includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, CAR Group reported total Scope 3 emissions of 15,741.5 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, CAR Group's Scope 3 emissions have increased by 373.49%, reflecting a rising long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), CAR Group's Scope 3 emissions decreased by 28.86%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2024, CAR Group reported Scope 1 greenhouse gas (GHG) emissions of 774 tCO₂e and total revenues of USD 11,622 millions. This translates into an emissions intensity of 0.07 tCO₂e per millions USD.a
In 2024, CAR Group reported a Scope 1 emissions intensity of 0.07 tCO₂e per millions USD. Compared to the peer group median of 16.93, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, CAR Group ranked 1 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places CAR Group among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, CAR Group reported a total carbon footprint of 20,741.6 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 15.22% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to CAR Group's total carbon footprint was Scope 3 emissions, accounting for 75.89% of the company's total carbon footprint, followed by Scope 2 emissions at 20.37%.a